The Ibex is close to the resistance of the 9,504 points
If the Spanish index surpasses this resistance, it would face a new bullish impulse towards the annual maximums
- US index re-mark new highs yesterday
- En castellano: El Ibex se acerca a la resistencia de los 9.504 puntos
Actualizado : 10:17
The Ibex has opened plane and is closer to the resistance of 9,504 points after closing the first day of the week with 1.13% increases and with all values positive except Grifols, which fell slightly.
"We put ourselves very close to resistance (9,504 points) to probably attack and leave behind at any time," says Bolsamanía expert, José María Rodríguez. If this level were to be exceeded, it would open the door to a new bullish move in search of annual highs, at 9,623 points.
The political crises do not seem to prevent the American stock markets from moving forward, and Donald Trump already has the first one on the table. Trump's national security adviser, Michael Flynn, has stepped down from his post Tuesday for his ties to Russia.
The session will be marked by the appearance of Janet Yellen, president of the Federal Reserve, before the US Senate. Tomorrow he will speak to Congress again, and investors will follow any hints he may give about their plans to raise interest rates in the context of the fiscal stimulus policies that the US president wants to implement.
In addition, China's prices have risen in January at their fastest pace in two years driven by rising energy prices and food demand for the New Year Lunar, although economists expect the momentum to decline before mid of year. The CPI rose 2.5% in January compared to the previous year and compared to 2.1% in November. In Germany, the CPI grows to 1.9% in January, its best figure since July 2013. It remains to be published the UK CPI.
The day will also have business results. Enagás (+ 1.2%) has gained 1% more in 2016, to 417 million euros. In Spain will continue to talk about Bankia and the decision of the Audiencia Nacional to call for the declaration of former President of the Bank of Spain, Miguel Ángel Fernández Ordóñez, and the former president of the CNMV, Julio Segura, for his responsibility in the exit to Stock exchange of the entity. Three other senior officials of the Bank of Spain - Pedro Comín, Pedro González and Mariano Herrara- have resigned after being charged for the same reason.